Tender Documents

                                            i.The Project Management Consultant Will First Submit The Draft Tender Document. There Should Be A Detailed Discussion On The Draft Report By The Project Management Consultant And The Managing Committee/ Redevelopment Committee. All Doubts/Points On The Draft Documents Including The Pre-Qualification Bid And Financial Bid Must Be Clarified.

                                          ii.Key Issues To Be Covered In The Tender Are As Under

·         Earnest Money Deposit E.M.D. Amount

·         Security Deposit Amount

·         Minimum Third Party Insurance Amount

·         Temporary Accommodation

·         Bank Guarantee For Performance Of Project

·         TDR To Be Purchased In The Name Of The Society

·         Corpus Fund

·         Restriction On Sale Of Commercial Premises If Any

·         Arbitration Clause

·         Scope Of Contract

·         Defect And Liability Period

·         Diary Of Progress Report

·         Construction Features And Amenities

·               Details And Technical Specification Of Materials With Relevant I.S. Codes Technical Specification Which Covers Details Such As General Condition, Demolition Work, Excavation And Re-Filling, Ant-Termite Treatment, Masonry And Plastering Work, Brick Bat Coba And Water Proofing Treatment, Doors And Windows, Flooring, Sanitary, Water Supply And Drainage, Painting, Landscaping And Safety Codes Etc.

·         Quality Assurance Program

·         Redevelopment Proposal Summary

·         Plot Area Details Along With Area Working

·         Parking Facilities 50:50 By Society And Developers Safety Code

·         Pre Qualification Application

·         Financial Offer Application

·         Society Documents

                                        iii.Approval Of Draft Of Tender

 At The Special General Meeting The Draft Of Tender And Tender Notice Are To Be Approved By The Majority.

                                        iv.Notice Of Tender Document To Be Given In The Newspapers

Tender Shall Be Called From A Well-Known Expert And Experienced Developers. Notice To Be Given To Ball The Members Of The Society About The Floating Of Tender Documents. Members Must Be Requested To Recommend A Known Builder. The Office Bearer Or Any Member Of The Society Or Any Relative Of Members Is Prohibited From Being The Developer. The Secretary Shall Display On The Notice Board, The List Of Tenders Received On The Last Date Of The Receipt Of Tenders

                                          v.Opening Of Tenders

Fifteen Days After The Last Date Of Receiving Tenders, The Secretary Of The Society Shall Convene A Special Managing Committee/Redevelopment Committee Meeting Or Special General Meeting    For Opening The Tenders Received. In The Said Meeting Representatives Of Developers Who Have Member Of The Society Who So Desire May Remain Present In The Meeting As Observers. Received Tenders Shall Be Opened In The Meeting In The Presence Of Architect/Project Consultants And All Person Present At Meeting. Project Management Consultant Will Prepare Pre-Qualification Report,